All WalMart articles – Page 36
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AnalysisNew Wal-Mart chief Mike Duke: ‘This is our time’
Changing consumer habits create opportunities, new Wal-Mart chief Mike Duke believes – but the retailer can’t afford to be complacent. George MacDonald reports from the US
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News
Wal-Mart will not “accelerate” Marketside openings
Wal-Mart will not “accelerate” openings of Marketside, the store format developed in response to Tesco’s Fresh & Easy US chain.Wal-Mart Stores vice-chairman Eduardo Castro-Wright said: “The test we’ve had in Phoenix, we’re pleased with. Given the current economic conditions we are not accelerating the effort until we have better data ...
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NewsAsda supremo to spearhead Wal-Mart academy for ‘generation of marketers’
Wal-Mart has set up an international academy of marketing excellence based at Asda and headed by Asda director and Wal-Mart chief international marketing officer Rick Bendel.
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NewsWal-Mart designates Asda international centre of marketing excellence
Wal-Mart has designated Asda its international centre of marketing excellence. The UK retailer will act as a global marketing academy for Wal-Mart under the leadership of Rick Bendel.
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AnalysisThe retail awards no one wants to win
Hindsight is a wonderful thing, but even the best retailers get it wrong sometimes. Charlotte Hardie looks back at some of retail’s biggest strategic blunders and asks what we can learn from them
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Target shareholders reject alternative director list
Shareholders in general merchandise retail powerhouse Target last week rejected an alternative list of directors put up by activist shareholder William Ackman.In a heated battle, Ackman, the head of Pershing Square Capital Management, sought to have his own roster of directors, including himself, replace the existing board to better compete ...
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NewsAsda staff to share record £43m bonus
Asda has revealed that its staff are to share a £43m payout, the largest ever share scheme payout from the grocer.
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Foreign retailers welcome new Indian government
Last week India’s new government, with Manmohan Singh as prime minister, was sworn in in Delhi. Singh and the Congress Party won a decisive mandate with his pledge to tackle the impact of the global economic crisis and by ensuring growth for the country.
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NewsTesco re-elected to PCI Security Standards Council advisory board
Tesco has been re-elected to the PCI Security Standards Council’s Board of Advisors, after already having served a two year term.
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NewsFormer M&S execs join Asda’s George
Asda has appointed two former Marks & Spencer executives to take up senior roles at its George clothing range.
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OpinionFood retail’s outstanding leaders
The supermarkets have pursued very different tactics to navigate the recession, but their success derives from one common quality, which is a clear vision that comes right from the very top.
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Wal-Mart to end monthly sales reporting
Wal-Mart is to end its monthly sales reporting, which the retailer has been doing since 1979, to “better align investors with the retailer’s business plan and cut volatility caused by holiday shifts”, said Wal-Mart chief financial officer Tom Schoewe.Separately, Easter’s April timing helped improve US retailers’ same-store sales growth for ...
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NewsAsda chief marketing officer given Wal-Mart international role
Asda chief marketing officer Rick Bendel has been promoted to a new role of international chief marketing officer for parent company Wal-Mart.
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NewsWal-Mart plan to cut costs in China raises concerns
Wal-Mart sent a disappointing signal to the Chinese retail market last week when it revealed it was launching a job optimisation programme to reduce staff costs in the country.
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New chief named for Warehouse Stationery
Discount retailer The Warehouse has appointed Mark Powell as chief executive of its subsidiary Warehouse Stationery, following the resignation of Gary Rohloff.Powell has worked at The Warehouse for six years in senior executive roles. Previously he worked at global giants Wal-Mart Canada and Tesco UK. He is general manager of ...
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Website of the week: Walmart.com
Access Walmart.com from an Apple iPhone and you will be automatically redirected to a stripped-down version of the site where tiny links are replaced by large buttons suitable for chubby fingers tapping a screen. The iPhone-optimised version of the site, launched last year, is geared towards helping customers carrying their ...
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Wal-Mart relaunches Great Value brand
Wal-Mart is to relaunch its Great Value brand in the US this week as it seeks to widen its offer in the economic downturn.
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Asda sales up in February
Sales at Asda remained strong last month, with food continuing to outperform, according to parent Wal-Mart’s February sales results.
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Wal-Mart posts quarterly profit fall despite record sales
Wal-Mart, the world’s biggest retailer, has reported a 7.7 per cent fall in fourth quarter profits after being hit by the costs of legal action and exchange rates.